Bitcoin (BTC) Evening Update: A Bull Flag Potential

in cryptocurrency •  7 years ago 

So, overnight price action for Bitcoin (BTC) has broken out of the blue and the yellow wedge patterns. Thus far, the breakout counts to five waves and currently, a minor correction is taking place. Most of today will likely be consumed in putting in some form of an abc or some other of the 36 possible combinations. Even with this breakout, there is probable scenario of seeing a lower low.

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